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Artificial intelligence (AI) has quickly become one of the biggest investment themes of the decade, with tech heavyweights like Microsoft (MSFT) and Amazon (AMZN) pouring billions into cloud infrastructure to power next-generation AI systems. But while the spotlight often falls on U.S. firms, Europe is quietly mounting its own challenge in the race for AI dominance.
One of the most ambitious moves comes from SAP SE (SAP), the German software powerhouse best known for its enterprise solutions. The company recently announced plans to invest more than 20 billion euros ($23 billion) into sovereign cloud AI infrastructure across Europe over the next decade. This push aims not only to strengthen data sovereignty under strict EU privacy rules but also to position SAP as a central player in Europe’s AI transformation.
